Herb Zydney Represents Chapter Members on Capitol Hill at NRLN Fly-In

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Our Chapter is part of the National Retiree Legislative Network (the NRLN), which actively pursues legislative changes that will improve the retirement for its members, and for all retirees.

The NRLN’s twice annual meeting was held in Washington DC on September 15 through 18, 2024. In addition to a Board Meeting, the NRLN uses this opportunity to actively pursue in person meetings with Senators and Representatives to explain the urgency of the changes it is advocating. Although many of the meetings are with legislative assistants, they are still very important because much of the groundwork for change starts at that level.

The NRLN asked that our chapter participate, particularly asking Herb Zydney who is a New York resident and thus can gain access as a “constituent”. With the help of NRLN leadership, he was able to spend about half hour each with the staff of Senator Chuck Schumer, Democratic Majority Leader, and Representative Jerrold Nadler (NY-12), until recently Chair of the House Judiciary Committee – both very central to moving legislation forward in Congress.  

With the participation of Ed Beltram, NRLN VP of Communications, the goals of the NRLN were explained in person, coordinated with the positions that these legislators have and are supporting.

Three examples: (Click below for all Talking Points)

  1. Pensions: Protecting seniors‘ rights to the retirement pensions they’ve earned by preventing potential harms from the growing practice of corporations transferring pension obligations to insurance companies, which loses the protection of ERISA and the PBGC   Congress needs to amend ERISA to significantly improve the rules governing fiduciary contracts, including re-insurance to protect retirees in case of a default.
  2. Medicare Advantage: Senior health care is dependent on a cost-effective Medicare program that is affordable to taxpayers. There is ample evidence that the subsidies to Medicare Advantage are at higher cost than Medicare fee for service and do not cover all providers. By eliminating the subsidies, Medicare beneficiaries could make a choice under a competitive umbrella that is not subsidized by general taxpayer revenues. Herb was able to quote examples from our Chapter members’ experience, such as the loss of hospitals under the Nokia Medicare Advantage plan.
  3. Close the Social Security’s funding gap – but not by cutting benefits. Close the funding gap through a modest increase in payroll tax rate for employees and employers and make all wages subject to the tax.

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